U.S. beef exports set annual records for both volume and value in 2022, according to year-end data released by USDA and compiled by the U.S. Meat Export Federation (USMEF). Despite…
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USDA Forecasts 2023 Net Farm Income to Fall 16%
by Colter BrownUSDA’s Economic Research Service expects 2023 farm incomes to decline nearly 16% compared to 2022 due to lower cash receipts, smaller government payments and higher production expenses. U.S. net farm…
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Senators Reintroduce Bipartisan Cattle Market Reform Bill
by Colter BrownSenators Deb Fischer (R-NE), Chuck Grassley (R-IA), Jon Tester (D-MT), and Ron Wyden (D-OR) reintroduced the Cattle Price Discovery and Transparency Act. The bill would establish minimum levels of fed cattle purchases…
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The federal grazing fee for 2023 remains at $1.35 per animal unit month for public lands administered by the Bureau of Land Management and $1.35 per head month for lands…
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The U.S. Department of Agriculture’s National Agricultural Statistics Service released this week the annual sheep inventory report which stated that all sheep and lambs were down less than 1 percent…
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New Report Shows Consumer Beef Demand Remains Strong Among Inflation Woes
by Colter BrownAccording to the newly released “Today’s Beef Consumer” report from the National Cattlemen’s Beef Association (NCBA), a contractor to the Beef Checkoff, demand for beef continues to remain strong. The…
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CattleFax Forecasts Tighter Supplies, Improved Profitability and Potential Drought Relief
by Colter BrownTuesday’s USDA Cattle Inventory report revealed the lowest beef cow inventory in the US in the 50+ year history of the report. Down 4% from last year at 28.9 million…
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Helmville Ranching Family Honored with 2022 Regional Environmental Stewardship Award
by Colter BrownNEW ORLEANS, (February 1, 2023) – The Mannix Brothers Ranch, in Helmville, Mont., has been selected as one of seven regional honorees of the Environmental Stewardship Award Program (ESAP). The…
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The National Cattlemen’s Beef Association’s (NCBA) executive committee approved the organization’s policy priorities at the 2023 Cattle Industry Convention and NCBA Trade Show, with a focus on advancing animal disease…
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Montana COOL Bill to be Heard Before House Ag Committee
by Colter BrownThursday at the Montana Legislature House Bill 350 will be heard before the House Ag Committee. The bill, sponsored by Rep. Frank Smith, asks retailers to make a reasonable effort…